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A element view of a Washington Commanders helmet at the box all the way through a sport towards the Los Angeles Rams at SoFi Stadium on December 17, 2023 in Inglewood, California.
Ric Tapia | Getty Images
The Washington Commanders are headed again to the District of Columbia.
The NFL franchise introduced Monday that it had struck a deal to relocate from its present stadium in Landover, Maryland, to Washington, D.C., at the grounds of Robert F. Kennedy Memorial Stadium, its house box from 1961 to 1996, which is recently being demolished.
The Commanders will make investments $2.7 billion into the web site, whilst town govt will give a contribution $500 million from its current investment for sports activities amenities.
The new stadium, anticipated to open in 2030, might be a part of a bigger redevelopment challenge that can come with housing, eating places, parkland and retail. The town and the group Events DC, which recently oversees the stadium campus, will make investments loads of hundreds of thousands into infrastructure for parking, transportation and utilities, the discharge mentioned, bringing the whole value to $3.7 billion.
“RFK Stadium holds a legendary place in our history – it’s where the team dominated the NFL, capturing three Super Bowls and creating unforgettable memories for fans. Now, we have the opportunity to honor that legacy by building a new world-class stadium,” Commanders managing spouse Josh Harris mentioned in a information liberate.
The Commanders moved from RFK Stadium to Northwest Stadium in Landover in 1997. RFK Stadium additionally hosted MLB’s Washington Nationals and MLS’ D.C. United at more than a few issues, but it surely has sat vacant for years.
The new stadium will come with a roof and feature a capability of about 65,000 seats. The Commanders be expecting the campus to provide 2,000 everlasting jobs, $4 billion in tax earnings and greater than $15.6 billion in direct spending over 30 years.
“We are thrilled to welcome the Commanders back home to the Sports Capital. We said that we could do it all – Commanders, housing, park space, recreation, retail, entertainment and more – and, together, that’s what we are delivering,” mentioned Washington Mayor Muriel Bowser within the liberate.
The Commanders are value $6.25 billion, in keeping with CNBC’s Official 2024 NFL Team Valuations.
